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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 340 Weeks Ago, 4 Days Ago |
| Questions Answered: | 19234 |
| Tutorials Posted: | 19224 |
MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
Question 3Â (1 point)
ÂYou need to accumulate $81,972 for your son's education. You have decided to place equal year-end deposits in a savings account for the next 7 years. The savings account pays 13.24 percent per year, compounded annually. Â How much will each annual payment be?
Round the answer to two decimal places.
Homework #3C (How much will each annual payment be (Using FV or PV)
Finance 330
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